Salary Needed to Live in Durango as a Family

A family of four (2 adults, 2 children) needs approximately $69,972/year to live comfortably in Durango, CO — including 15% savings.

Comfortable Salary
$69,972
with 15% savings
Bare Minimum
$55,595
no savings buffer
Monthly Expenses
$3,382
16% above national avg

Detailed Monthly Budget for a Family in Durango

ExpenseDurangoNat'l AvgDiff
🏠 3BR Apartment/House Rent$233$209+11%
🛒 Groceries$46$44+5%
⚡ Utilities$30$28+7%
🚗 Transportation$52$44+18%
🛡️ Car Insurance$217$215+1%
🏥 Health Insurance$55$54+2%
Childcare/After-school$1,416$1,200+18%
Internet + Phones$212$180+18%
Children Activities$295$250+18%
Dining Out$413$350+18%
School Supplies & Clothing$236$200+18%
Healthcare Co-pays$177$150+18%
Total Monthly$3,382$2,924+16%

How We Calculated the Salary

Monthly expenses:$3,382
Target savings (15%):$751/mo
Monthly after-tax needed:$4,133
Effective tax rate:27%

Gross annual salary needed:$69,972

Other Household Types in Durango

Single Person
$23,314/yr
$1,224/mo expenses
Couple (No Kids)
$32,498/yr
$1,652/mo expenses
Retiree
$24,176/yr
$1,370/mo expenses

Related Pages

Living Alone in DurangoCity OverviewAfford on $75K?Afford on $100K?Cheaper AlternativesCost of Living

FAQ

What salary does a family with kids need in Durango?
A family with kids needs approximately $69,972/year ($5,831/month gross) to live comfortably in Durango with a 15% savings rate.
How much is rent for a family with kids in Durango?
A 3br apartment/house in Durango costs approximately $233/month, which is the largest single expense at 7% of the total budget.
Is Durango affordable for a family with kids?
Durango is above the national average for family with kids living costs, requiring 16% more salary than the US median.
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